The City (where managers are so well paid that they don't feel threatened) pay technical people fairly
Another reason why The City might pay higher: Since there is so much money at stake/to be made, and since it's so compeditive, and rewards can be gotten so quickly (you could make millions in one year, no need to wait for things to pay off) that it would be foolish for a upper class toff to sit on their hands and not hire the bright young commoner.
It could be that the traditionalist companies probably missed out on a lot of good techies, and hence weren't able to compete and were marginalised by companies who did hire based on merit, not class.
Another reason why The City might pay higher: Since there is so much money at stake/to be made, and since it's so compeditive, and rewards can be gotten so quickly (you could make millions in one year, no need to wait for things to pay off) that it would be foolish for a upper class toff to sit on their hands and not hire the bright young commoner.
It could be that the traditionalist companies probably missed out on a lot of good techies, and hence weren't able to compete and were marginalised by companies who did hire based on merit, not class.
Capitalism at work for our labour.